The prices in real estate in Mccrae, in the Victoria region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per m² in Mccrae has had a strong decrease during the last 6 months. In February, the average price per m² was $1,457. In the following month the price per m² decreased considerably to $1,160. In the following two months the price per m² has barely changed, going from $1,308.5 to $1,304.5 per m². The price per m² has decreased 92 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $1,306.5 to $1,197.5 during June, and July.
Based upon to the price in Mccrae (suburbs), this has gone up in the last 6 months. In our first sample month during February, the average price is $740,235. In March This price remains at $743,868. During the following two months (April, May) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $812,155.25 and $771,773.5 between June and July.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 2 % cheaper than the average price of $704,629 in Mccrae. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
With regard to the average prices per m² those properties with 1 bedroom are 31 % more costly than the average price of ($1,326 / m²) in Mccrae. Properties with the most expensive price based upon to the number of bedrooms / m² are those with 1 bedroom. They are 31 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Mccrae we can see that the cheapest property type is "House" at a price of $704,629, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % more affordable than the average price aforementioned.
According to the average area price by m² the most costly property type is "House with an average price of $1,326 / m². "House" at an average price of $1,326 / m² has the most expensive price and would be directed at more affluent cities.